Milk Snob Shark Tank Update

Milk Snob Shark Tank Pitch

Melanie Disbrow appeared on Shark Tank Season 8, Episode 8, which aired on November 10, 2016, with multi-functional baby cover.

Milk Snob is listed in the Children category. In plain terms, the business is described as multi-functional baby cover.

Milk Snob asked the Sharks for $125,000 for 5%, implying a valuation of about $2.5 million.

On the show, Milk Snob made a listed deal with Lori Greiner for $125,000 for 10%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $2.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Milk Snob After Shark Tank

Milk Snob accepted an on-air Shark Tank deal for $125,000 for 10%. The on-air deal did not close. The company is still in business. (Milk Snob Shark Tank Update

Milk Snob reported annual revenue of $6 million as of August, 2024. (Milk Snob Shark Tank Update

The company did a licensing deal with Disney in 2018 and later added Jeep, Star Wars and Harry Potter themed merchandise. (Milk Snob Shark Tank Update

Over the years, they added baby blankets and sleeping bags to the line. (Milk Snob Shark Tank Update

The official website for Milk Snob is listed as milksnob.com. (Milk Snob website

Sources

Sources used for this page: Shark Tank API pitches